10 years ago: LSE deja vu
Exactly a decade ago London Stock Exchange (LSE), currently the subject of a takeover bid by Deutsche Boerse (DB1:FRA), was fighting off two bids: Deutsche and NASDAQ (NDAQ:NYSE).
One broker argued the LSE would be better off remaining independent but favoured the NASDAQ offer of the two bids. Why? ‘There would be no advantage to NASDAQ to diminish the LSE’s status and role in London,’ Redmanye-Bentley’s Keith Loudon argued. (WC)
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